Brief: Komplett Enters Into Interim Factoring Agreement With Resurs Bank

Komplett ASA

31/08/2022 06:49

Aug 31 (Reuters) - Komplett ASA  KOMPLK.OL :
    * KOMPLETT ASA HAS ENTERED INTO AN INTERIM FACTORING
AGREEMENT
WITH RESURS BANK AB
    * FROM END OF Q4, AGREEMENT IS EXPECTED TO YIELD
IMPROVEMENTS IN
NET WORKING CAPITAL IN RANGE OF NOK 300-400 MILLION, PROVIDED
THAT A LONG-TERM AGREEMENT IS ENTERED INTO DURING Q4
    * AGREEMENT IS ANTICIPATED TO HAVE A GRADUAL EFFECT ON NET
WORKING
CAPITAL AS FROM SEPTEMBER

Source text for Eikon:  ID:nWkrbh9C56 
Further company coverage:  KOMPLK.OL 

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